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US unexpectedly loses jobs in July, in blow to Trump’s economy claims

South China Morning Post 07 August 2026 8h ago
US unexpectedly loses jobs in July, in blow to Trump’s economy claims
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The US economy unexpectedly lost 23,000 jobs in July, government data showed, a blow to US President Donald Trump’s claims of leading an economic revival as his Republican Party gears up for crucial midterm elections.. The unemployment rate in the world’s largest economy ticked down to 4.1 per cent, according to data published on Friday by the US Bureau of Labor Statistics. Since taking office for
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